MURO CORPORATION【JP:7264】Stock Price

Muro Corporation operates through three business segments: metal-related components, resin-related components, and other businesses. These operations are conducted by the company and its 12 subsidiaries.

The metal-related components segment manufactures and sells automotive electrification parts, powertrain components, steering and control parts, vehicle body and air conditioning parts, and components for motorcycles, agricultural machinery, industrial machinery, and precision equipment. These products are handled by overseas subsidiaries including Murotech Ohio Corporation and Murotech Vietnam Corporation.

The resin-related components segment produces and sells resin-molded parts for automobiles and cameras, molded parts for medical devices, gear components for office equipment, and vinyl products. These products are manufactured and sold by domestic subsidiary Igari Sangyo Co., Ltd. and overseas subsidiary Muro Asia Pacific.

The other businesses segment includes the manufacture and sale of continuous screw fastening machines and screw assemblies, handled by Muro North America Inc. Muro Corporation also manufactures and sells citrus peeling machines.

Muro Corporation is committed to social contribution as its primary mission and aims to be a trusted company. As a growth strategy, in the metal-related components business, the company is deepening penetration with existing customers and strengthening its response to the electric vehicle sector. The company also prioritizes technology development and is advancing problem-solving-oriented business operations.

In the resin-related components business, the company is actively proposing solutions to metal component customers and new prospects by leveraging its sales foundation. The company is expanding sales of composite parts combining resin and metal, aiming to develop them as a new business pillar. In other businesses, the company's basic strategy is to expand sales in global markets while advancing new product development and collaboration with other companies.

At overseas bases, the company is strengthening direct sales in North America and Asia to reinforce its corporate structure. Long-term, the company is actively pursuing new growth investments with a view to transforming its business composition. In particular, it is focusing on creating new businesses in anticipation of EV market expansion.

Muro Corporation is expanding and reviewing its business domains while maximizing synergies in precision press components and precision resin molding components. Key priorities also include improving profitability at its China base, strengthening cost competitiveness, securing talent and reviewing work practices, and promoting automation and rationalization investments.

Regarding carbon neutrality, the company is expanding solar power generation facilities and increasing purchases of green energy. Through the Muro Group Green Project, a new business initiative, the company is strengthening the development and sales of decarbonization-related products and pursuing sustainable growth.